This publication provides the first results of the 2017–18 National Postsecondary Student Aid Study, Administrative Collection (NPSAS:18-AC), the most comprehensive national study of student financing of postsecondary education in the U.S.

Data used in this report are from about 245,600 undergraduate and 21,300 graduate students attending 1,900 institutions in the 50 states, the District of Columbia, and Puerto Rico. The sample represents about 16.6 million undergraduate and 3.6 million graduate students enrolled at Title IV eligible institutions at any time between July 1, 2017 and June 30, 2018.